I received a lot of questions regarding my last post.  Over the past month I have read a number of interesting interviews and articles that I think contribute a lot to the discussion.

Some additional perspectives:

• • ICO Whitepaper Whitepaper by Stephen Palley
  • Initial Soup Offering by Stephen Palley
  • Research on ICO and Its Regulation by Yao Qian (PBOC)
  • ASIC on Blockchain: Australia’s Securities Watchdog ‘Unlikely’ to Regulate ICOs from CoinDesk
  • A rational take on cryptocurrencies from MultiChain
  • Initial Coin Offerings: Where the SEC Might Stand from CoinDesk
  • Is Grey the New Normal in Legal & Compliance? from Token Summit

Update:

On July 25, the SEC published a new Investor Bulletin focused on ICOs and also published a report (pdf) detailing their position on ICOs, using The DAO as an example (which they noted violated several US securities laws).